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Game Theory and Cryptocurrencies


  • Gain knowledge about cryptocurrency
  • Learn about Game Theory 
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What is
game theory?

Fundamentally, game theory is an approach to applied mathematics that is used to research rational decision-making-based human behavior. Players typically respond to the rules of the "game" or the influence of other players rationally since the "game" is supposed to be an interactive environment.

Game theory and cryptocurrencies

When they are applied to cryptocurrencies, game theory models are crucial for creating a secure and trustless economic system, like the one behind Bitcoin. The synthesis of cryptography and game theory led to the development of Bitcoin as a Byzantine fault-tolerant (BFT) system.

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